5) Exclusive: FoI Laws Give Upper Crust Owner the Edge in Rail Rent Negotiations: Retail giant SSP has used freedom of information rules to effectively lower the rents it owes station operators, which will likely cost taxpayers millions.
What happened during the night
CChinese stocks pushed Asian markets higher on Monday, although sentiment was still cautious ahead of a US presidential debate and as a spike in new cases of coronavirus has sapped hopes of a global economic recovery.
The largest MSCI index of Asia-Pacific stocks outside of Japan rose 0.5% to 550.47, but still within reach of a two-month low of 543.66 hit the last week.
The index is expected to end the month in the red after three straight monthly gains as the pandemic continues to wreak economic havoc around the world and sparks investor concern over sky-high valuations.
Chinese stocks opened higher and helped support Asian markets after a tentative start, with the blue-chip CSI 300 index rising 0.85%. Shanghai’s ESS climbed 0.5 pc.
Encouragingly, data over the weekend showed Chinese industrial company profits rose for the fourth consecutive month in August, in part thanks to a rebound in prices for raw materials and equipment manufacturing.
Elsewhere, Japan’s Nikkei rose 0.75%, partly on a lower yen, while South Korea’s KOSPI index gained 1.1%.
Joint UK-EU Brexit Meeting